Author: sherryxu
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Is there a limit on the amount of fiat currency that can be withdrawn from EX.IO?
The limit on withdrawing fiat currency from EX.IO is determined by your account’s daily withdrawal limit, which can be found by clicking on the three horizontal lines on the top right and selecting “Verification”.
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Which bank accounts can be used to withdraw fiat from EX.IO accounts?
When withdrawing fiat currency, the bank account holder of the receiving bank account must be the same as the EX.IO account holder. Currently, withdrawals are only permitted to whitelisted fiat accounts, which are bank accounts that have been successfully funded and automatically added into the whitelist. Withdrawals to unapproved banks are not allowed and non-whitelisted…
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What are the handling fees associated with withdrawing fiat currency from EX.IO?
For HKD withdrawals, the fee is HKD 200, and for USD withdrawals, the fee is USD 30. You may view the withdrawal fees on our fee page at https://www.ex.io/fee
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Why might the actual amount received differ from the amount transferred when depositing fiat currency on EX.IO?
EX.IO does not impose any deposit fees. However, when you initiate a bank transfer, both your remitting bank and the intermediary banks involved may charge relevant handling fees, which could lead to the actual amount receive being lower than the amount you transferred. Please consult with your bank for details.
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What steps should I take if I’m unable to deposit fiat currency into EX.IO?
The failure of your deposit may be attributed to the following reasons: 1) Your remittance bank is not a qualified jurisdiction permitted by the Hong Kong Securities Futures Commission. Please refer to Which countries and regions that permit fiat deposits and withdrawals? 2) The initial deposit for each of your bank accounts must be no…
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How long does it take for fiat currency to arrive after depositing into EX.IO?
The duration for a bank deposit to be processed can vary depending on several factors, including the banking institution, the payment method used, and any possible processing delays. Generally, bank deposits can be credited to your EX.IO account instantly or may take several business days, subject to banking processes that may be beyond EX.IO’s control.…
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What are the limits for depositing fiat currency into EX.IO?
1) Initial deposit requirement Client must successfully transfer an initial deposit of at least HK$10,000 (or USD $1,400) from a bank account held in the client’s name with a licensed bank in Hong Kong to EX.IO’s designated client monies account. 2) Maximum deposit requirement after initial deposit No deposit limit is imposed on EX.IO. 3)…
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What are the handling fees for depositing fiat currency on EX.IO ?
There is no handling fee for fiat deposits on EX.IO, however, your bank may impose handling fees, please consult with them about any applicable fees on their end. For details of fee charges at EX.IO, please refer to the fee schedule: https://www.ex.io/fee
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What fiat currency can be deposited in EX.IO?
EX.IO currently only accepts fiat deposits in HKD and USD.
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What is a whitelisted fiat account?
A whitelisted fiat account refers to a bank account that has successfully conducted an initial deposit of at least HK$10,000 (or USD $1,400) from a bank account held in the client’s name to EX.IO’s designated client monies account. Users can only withdraw fiat to these whitelisted bank accounts.